1,553 students (75% of total 2,084 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at South Dakota School of Mines and Technology (SD Mines). The average amount of the aid awarded is $6,336.

For the first-time, full-time beginning students (freshmen), 94% of total 484 enrolled students have received any kind of financial aid and its average amount of aid received is $5,431.

All Undergraduate Financial Aid

At South Dakota School of Mines and Technology, 1,553 undergraduate students (75% of total 2,084 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,336.

Financial Aid Statistics (All Undergraduate Students) - SD Mines
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,55375% $9,839,429$6,336
Pell Grants33916% $1,540,282$4,544
Federal Student Loan90443% $5,572,799$6,165

Beginning Undergraduate Students (Freshmen) Financial Aid

456 beginning undergraduate students (94% of total 484 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at South Dakota School of Mines and Technology. The average amount of aid received is $5,431.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - SD Mines
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid45694% --
Grants or Scholarships43690%$2,367,713$5,431
Federal Grants23949%$819,274$3,428
Pell Grants7916%$360,696$4,566
Other Federal Grants23849%$458,578$1,927
State/Local Grants9820%$125,530$1,281
Institutional Grants36575%$1,422,909$3,898
Student Loan Aid26455%$2,073,567$7,854
Federal Student Loans25954%$1,316,481$5,083
Other Student Loans6113%$757,086$12,411

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2021-2022 at South Dakota School of Mines and Technology.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level219185$1,030,546$4,706
0-30,0002727$265,517$9,834
30,001-48,0002120$180,273$8,584
48,001-75,0003329$151,998$4,606
75,001-110,0005743$189,390$3,323
110,001 or more8166$243,368$3,005

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